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Become A Capital Project Manager

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Working As A Capital Project Manager

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Resolving Conflicts and Negotiating with Others
  • Scheduling Work and Activities
  • Getting Information
  • $120,137

    Average Salary

What Does A Capital Project Manager Do

Construction managers plan, coordinate, budget, and supervise construction projects from start to finish.

Duties

Construction managers typically do the following:

  • Prepare cost estimates, budgets, and work timetables
  • Interpret and explain contracts and technical information to other professionals
  • Report work progress and budget matters to clients
  • Collaborate with architects, engineers, and other construction specialists
  • Select subcontractors and schedule and coordinate their activities
  • Respond to work delays, emergencies, and other problems
  • Comply with legal requirements, building and safety codes, and other regulations

Construction managers, often called general contractors or project managers, coordinate and supervise a wide variety of projects, including the building of all types of public, residential, commercial, and industrial structures, as well as roads, memorials, and bridges. Either a general contractor or a construction manager will oversee the construction phase of a project, although a construction manager may also consult with the client during the design phase to help refine construction plans and control costs.

Construction managers oversee specialized contractors and other personnel. They schedule and coordinate all construction processes so that projects meet design specifications. They ensure that projects are completed on time and within budget. Some managers may be responsible for several projects at once—for example, the construction of multiple apartment buildings.  

Construction managers work closely with other building specialists, such as architects, civil engineers, and a variety of trade workers, including stonemasons, electricians, and carpenters. Projects may require specialists in everything from structural steel and painting to landscaping, paving roads, and excavating sites. Depending on the project, construction managers may interact with lawyers and local government officials. For example, when working on city-owned property or municipal buildings, managers sometimes confer with city inspectors to ensure that all regulations are met.

For projects too large to be managed by one person, such as office buildings and industrial complexes, a top-level construction manager hires other construction managers to be in charge of different aspects of the project. For example, each construction manager would oversee a specific phase of the project, such as structural foundation, plumbing, or electrical work, and choose subcontractors to complete it. The top-level construction manager would then collaborate and coordinate with the other construction managers.

To maximize efficiency and productivity, construction managers often perform the tasks of a cost estimator. They use specialized cost-estimating and planning software to allocate time and money in order to complete their projects. Many managers also use software to plan the best way to get materials to the building site.

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How To Become A Capital Project Manager

Large construction firms increasingly prefer candidates with both construction experience and a bachelor’s degree in a construction-related field. While some individuals with a high school diploma and many years of experience in a construction trade may be hired as construction managers, these individuals are typically qualified to become self-employed general contractors.

Education

It is becoming increasingly important for construction managers to have a bachelor’s degree in construction science, construction management, architecture, or engineering. As construction processes become more complex, employers are placing greater importance on specialized education.

More than 100 colleges and universities offer accredited bachelor’s degree programs in construction science, building science, or construction engineering. These programs include courses in project control and management, design, construction methods and materials, cost estimation, building codes and standards, and contract administration. Courses in mathematics and statistics are also relevant.

More than fifty 2-year colleges offer construction management or construction technology programs. An associate’s degree combined with work experience is typical for managers who supervise smaller projects.  

A few universities offer master’s degree programs in construction management.

Those with a high school diploma and several years of relevant work experience may qualify to become a construction manager, although most are qualified to become self-employed general contractors.

Training

New construction managers are typically hired as assistants and work under the guidance of an experienced manager. This training period may last several months to several years, depending on the firm.

Work Experience

If the typical education is not obtained, practical construction experience is important for jobseekers, because it reduces the need for initial on-the-job training. Internships, cooperative education programs, and previous work in the construction industry can provide that experience. Some construction managers become qualified solely through extensive construction experience, spending many years in carpentry, masonry, or other construction specialties.

Licenses, Certifications, and Registrations

Although not required, certification is becoming increasingly important for construction managers. Certification is valuable because it can demonstrate knowledge and experience.

The Construction Management Association of America awards the Certified Construction Manager (CCM) designation to workers who have the required experience and who pass a technical exam. It is recommended that applicants for this certification complete a self-study course that covers the professional role of a construction manager, legal issues, the allocation of risk, and other topics related to construction management.

The American Institute of Constructors awards the Associate Constructor (AC) and Certified Professional Constructor (CPC) designations to candidates who meet its requirements and pass the appropriate construction exams.

Some states require licensure for construction managers. For more information, contact your state licensing board.

Important Qualities

Analytical skills. Most managers plan a project strategy, handle unexpected issues and delays, and solve problems that arise over the course of the project. In addition, many managers use cost-estimating and planning software to determine costs and the materials and time required to complete projects.

Business skills. Construction managers address budget matters and coordinate and supervise workers. Choosing competent staff and establishing good working relationships with them is critical.

Customer-service skills. Construction managers are in constant contact with owners, inspectors, and the public. They must form good working relationships with these people and ensure their needs are met.

Decisionmaking skills. Construction managers choose personnel and subcontractors for specific tasks and jobs. Often, these choices must be made quickly to meet deadlines and budgets.

Initiative. Self-employed construction managers generate their business opportunities and must be proactive in finding new clients. They often market their services and bid on jobs, and they must also learn to perform special home improvement projects, such as installing mosaic glass tiles, sanding wood floors, and insulating homes.

Leadership skills. Managers must effectively delegate tasks to construction workers, subcontractors, and other lower level managers.

Speaking skills. Managers must give clear orders, explain complex information to construction workers and clients, and discuss technical details with other building specialists, such as architects. Self-employed construction managers must get their own projects, so the need to sell their services to potential clients is critical.

Technical skills. Managers must know construction methods and technologies, and must be able to interpret contracts and technical drawings.

Time-management skills. Construction managers must meet deadlines. They ensure that construction phases are completed on time so that the next phase can begin as scheduled. For instance, a building’s foundation cannot be constructed until the land is completely excavated.

Writing skills. Construction managers must write proposals, plans, and budgets, as well as document the progress of the work for clients and others involved in the building process.

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Capital Project Manager Videos

How To Become A Project Manager - Your Options

Introduction to EADOC Capital Project Management

IBM TRIRIGA Projects Overview

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Average Length of Employment
Project Manager 3.4 years
Project Supervisor 3.2 years
Top Careers Before Capital Project Manager
Manager 5.1%
Top Careers After Capital Project Manager
Consultant 5.1%
Director 3.7%
Manager 3.7%
Owner 2.4%

Do you work as a Capital Project Manager?

Capital Project Manager Demographics

Gender

Male

73.0%

Female

24.1%

Unknown

2.8%
Ethnicity

White

60.7%

Hispanic or Latino

14.5%

Black or African American

12.2%

Asian

8.7%

Unknown

3.9%
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Foreign Languages Spoken

Spanish

31.8%

German

11.4%

French

11.4%

Russian

6.8%

Chinese

4.5%

Mandarin

4.5%

Portuguese

2.3%

Dutch

2.3%

Gujarati

2.3%

Hebrew

2.3%

Norwegian

2.3%

Slovak

2.3%

Hindi

2.3%

Cantonese

2.3%

Polish

2.3%

Italian

2.3%

Tamil

2.3%

Ukrainian

2.3%

Czech

2.3%
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Capital Project Manager Education

Schools

University of Phoenix

12.0%

Drexel University

7.0%

Purdue University

7.0%

Arizona State University

6.0%

Lamar University

6.0%

Iowa State University

5.0%

University of North Carolina at Greensboro

5.0%

University of Tennessee - Knoxville

5.0%

University of Delaware

5.0%

American University

4.0%

University of Puerto Rico - Mayaguez

4.0%

Rochester Institute of Technology

4.0%

University of Pittsburgh -

4.0%

Northeastern University

4.0%

University of California - Irvine

4.0%

Florida State University

4.0%

Villanova University

4.0%

University of Colorado Denver

4.0%

Rice University

3.0%

University of Florida

3.0%
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Majors

Business

30.5%

Mechanical Engineering

9.2%

Management

7.0%

Finance

6.4%

Project Management

6.2%

Electrical Engineering

5.9%

Accounting

5.6%

Civil Engineering

5.0%

Chemical Engineering

4.8%

Industrial Technology

2.0%

Architecture

2.0%

Industrial Engineering

2.0%

Political Science

2.0%

Engineering

2.0%

Management Information Systems

1.7%

Engineering And Industrial Management

1.7%

Human Resources Management

1.7%

Construction Management

1.7%

Real Estate

1.4%

Environmental Control Technologies/Technicians

1.4%
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Degrees

Bachelors

39.2%

Masters

37.8%

Other

12.9%

Certificate

4.1%

Associate

3.5%

Doctorate

2.1%

Diploma

0.4%
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Capital Project Manager Videos

How To Become A Project Manager - Your Options

Introduction to EADOC Capital Project Management

IBM TRIRIGA Projects Overview

Job type you want
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Part Time
Internship
Temporary

Real Capital Project Manager Salaries

Job Title Company Location Start Date Salary
Large Capital Project Manager Lead Flint Hills Resources, LP Rosemount, MN Sep 10, 2015 $205,000
Capital Markets Project Manager Wells Fargo Bank, N.A. New York, NY Mar 28, 2015 $164,000
Capital Markets Project Manager Wells Fargo Bank, N.A. New York, NY Mar 28, 2013 $150,000
Capital Markets Project Manager Iris Software, Inc. Edison, NJ Jan 04, 2010 $150,000
Capital Projects Manager Columbus Manufacturing, Inc. Hayward, CA Jan 01, 2013 $127,920
Capital Projects Manager Columbus Foods Hayward, CA Dec 31, 2010 $120,000
Capital Projects Manager Columbus Manufacturing, Inc. Hayward, CA Dec 31, 2010 $120,000
Facility Capital Project Manager International Paper Orange, TX Sep 18, 2016 $103,000
Capital Equipment Project Manager Deepflex, Inc. Houston, TX Sep 10, 2014 $100,000 -
$150,000
Manager, Capital Analyst Bristol-Myers Squibb Company New Brunswick, NJ Apr 01, 2015 $99,360
Project Manager, Capital Investement & Transaction Six Continents Hotels Inc. New York, NY Sep 15, 2012 $90,085
Facility Capital Project Manager International Paper Orange, TX Sep 18, 2013 $90,000
Project Manager, Capital Investment & Transactions Six Continents Hotels Inc. Atlanta, GA Mar 07, 2011 $77,168
Project Manager, Capital Investment & Transactions Six Continents Hotels Inc. Atlanta, GA Feb 28, 2011 $77,168
Working Capital Manager Cemex, Inc. Houston, TX Sep 23, 2010 $75,920
CT Working Capital Manager Ernst & Young U.S. LLP New York, NY May 09, 2011 $73,400 -
$200,000

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Top Skills for A Capital Project Manager

  1. Project Management
  2. Project Scope
  3. Safety
You can check out examples of real life uses of top skills on resumes here:
  • Provided project management oversight in semiconductor equipment installation insuring that schedules aligned with manufacturing commitments.
  • Developed cost effective capital project scopes of work and estimates while understanding and working with customers, maintenance and operating issues.
  • Maintained project controls including cost control, adherence to safety and procedural standards, and implementation of quality assurance program.
  • Prepared capital portion of monthly financial statements and three year budget proposals for presentation to owners.
  • Coordinated procurement activities including legal discussions, contract negotiations, contract management, and change control.

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Top 10 Best States for Capital Project Managers

  1. Delaware
  2. New Jersey
  3. New York
  4. Rhode Island
  5. Massachusetts
  6. California
  7. North Carolina
  8. Connecticut
  9. Alaska
  10. Wisconsin
  • (162 jobs)
  • (1,144 jobs)
  • (2,104 jobs)
  • (121 jobs)
  • (1,641 jobs)
  • (5,525 jobs)
  • (1,371 jobs)
  • (473 jobs)
  • (60 jobs)
  • (487 jobs)

Top Capital Project Manager Employers

Jobs From Top Capital Project Manager Employers

Capital Project Manager Videos

How To Become A Project Manager - Your Options

Introduction to EADOC Capital Project Management

IBM TRIRIGA Projects Overview

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